Madrid Impresses IOC With 2020 Games Bid

MADRID—International Olympic Committee inspectors gave high marks to Madrid's bid to host the 2020 Summer Games, after four days of touring sports venues and hearing assurances that Spain's deep recession won't stand in the way of completing them.

"We were greatly impressed by what we have seen here," Sir Craig Reedie, chairman of the 14-member IOC Evaluation Commission, told reporters Thursday. He said that Madrid had improved its offer after losing bids to host the 2012 and 2016 Games and that the venture was backed...